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Media Release

C5 Alliance Group’s Marc Lainé believes incubator projects will benefit island economy


MEDIA RELEASE: The views expressed in this article are those of the author and not Bailiwick Express, and the text is reproduced exactly as supplied to us

C5 Alliance Group’s Marc Lainé has expressed a hope that a tech business incubator initiative launched recently by the company will be a useful precursor to the Commerce and Employment Department’s plans for a digital start-up incubator in St Peter Port.

C5 Alliance Group’s Marc Lainé has expressed a hope that a tech business incubator initiative launched recently by the company will be a useful precursor to the Commerce and Employment Department’s plans for a digital start-up incubator in St Peter Port. 

C5 Alliance Group’s incubator service offers the use of existing facilities at Itex House, along with various support services, to encourage entrepreneurs and start-ups in the island.

“There is anecdotal evidence that the lack of facilities is holding back our digital opportunities,” said Mr Lainé.

“Our exercise is a proof of concept; we’ve got government talking at the moment about converting the post office [into an incubator for start-ups]. If we can prove that there is a demand, government may have a stronger case for additional funding.”

While this type of initiative is important for the digital sector, Mr Lainé said it would benefit the island as a whole.

“Our social and economic well-being is dependent on increasing our digital skills and our skills in the workforce and providing digital employment.

“These digital companies can perform a role in Guernsey but export their intellectual property internationally. It’s really about keeping us economically and socially successful,” he said.

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